Thu, 14 Nov 2024 16:32:45 GMT (1731601965871)
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5 years ago
Volvo's Polestar opens China factory to export to Europe, USAmid rising trade tension, Volvo's electric brand, Polestar, is going ahead with plans to export its first Chinese-made model to the United States next year, the automaker's CEO said Tuesday. Polestar opened a factory Tuesday in the western city of...
6 years ago
Smart to exit U.S. market after 2019The Smart brand will no longer sell cars in the United States and Canada after the 2019 model year. The cause is shrinking demand for minicars coupled with the high cost of homologating future models for local sale. Smart sales...
6 years ago
Electric car makers woo Chinese buyers with range, featuresAutomakers showcased electric SUVs and sedans with longer range and luxury features Tuesday at the Shanghai auto show, wooing Chinese buyers as Beijing slashes subsidies that helped to launch the industry. Two of China's biggest state-owned automakers unveiled models they...
6 years ago
Volvo to set lower speed limit on its new carsVolvo Cars says it will limit the top speed of its new cars at 112 mph in all markets as of next year because "too many people get seriously injured or even killed because of excessive speeding. " CEO Hakan...
6 years ago
Volvo's Polestar unveils electric car touted as Tesla rivalVolvo's electric performance brand Polestar is unveiling a battery-powered compact car touted as a rival to Tesla's Model 3. The Polestar 2 is a five-door vehicle with a panoramic glass roof, an all-vegan interior and a battery with enough capacity...
6 years ago
Volvo recalls 167,000 cars worldwide to fix trunk lidSwedish automaker Volvo Cars, owned by China's Geely holding company, says it is recalling 167,000 cars worldwide because the hatch lid lift system on electric trunks can loosen, stop working in cold weather, and possibly cause damage. Group spokeswoman Annika...
8 years ago
Volvo makes moves to become public companyVolvo Cars, not to be mistaken with the Volvo Group bus and truck giant, is wholly owned by Chinese automaker Geely.However, the company has a long-term goal of becoming publicly traded and has already made the first steps towards reaching...
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